Govt To Subsidise EVs Again – Watts Up With That?

From NOT A LOT OF PEOPLE KNOW THAT

By Paul Homewood

Yet more taxpayer money to be thrown at the cars nobody wants to buy!

The cost of some new electric cars will soon be reduced by up to £3,750 under grants being introduced by the government to encourage drivers to move away from petrol and diesel vehicles.

The discounts will apply to eligible vehicles costing up to £37,000, with the most environmentally friendly vehicles seeing the biggest reductions, the Department for Transport (DfT) said.

Carmakers can apply for funding from Wednesday, with the RAC saying discounted cars should start appearing at dealerships “within weeks”.

But some drivers have previously told the BBC that ultimately, the UK needs more charging points to spur people to buy electric vehicles (EVs).

The government has pledged to ban the sale of new fully petrol or diesel cars and vans from 2030.

Under the scheme, discounts will range between £1,500 and £3,750 and buyers will be able to claim a discount at the dealership.

The grants to lower the cost of EVs will be funded through a £650m scheme, and will be available for three years.

You would be forgiven for thinking that Britain was broke, but with EV sales still languishing at 21%, Miliband is becoming ever more desperate.